
The games also impacted the economy by bringing in new contracts, deals and foreign investments that will uplift the British economy.Īnother huge part of the economy that the games impacted is the construction industry. A steady increase in GBP of 9.9 million was announced by the British government. The UK economy witness a boost in trade and investment after a year of hosting the Olympics. This has helped the people to get employed due to the experience they had during the volunteering process.

About 700,000 volunteers from the host population were involved in preparation of the games. The Olympic Games, brought fought a strong promotion of volunteerism. Due to many environmental projects, the London Olympic is known as one of the best Olympics because the effects still impact London as of today. One of the biggest commitments during the London Olympic Games was continuity and therefore its projects were designed such that it promoted continuity in environmental protection. London Olympic Stadium (Source : ibtimes) The Olympic Games in London had a massive effect which impacted the economy.

On the 6 th of July 2005, London became the third time host of the Olympic Games.
